Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Korea, republic of
  4. Korea Stock Exchange
  5. Woori Financial Group Inc.
  6. News
  7. Summary
    A316140   KR7316140003

WOORI FINANCIAL GROUP INC.

(A316140)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Woori Financial : Preliminary Financial Performance Figures for the First Half of 2021 (Form 6-K)

07/21/2021 | 07:29am EST

Woori Financial Group's Preliminary Financial Performance Figures

for the First Half of 2021

The preliminary financial performance figures for Woori Financial Group for the six-month period ended on June 30, 2021, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

Item

1H 2021

2H 2020

% Change
Increase
(Decrease)

1H 2020

% Change
Increase
(Decrease)

Revenue*

Specified Half 13,105,199 13,967,286 -6.17 14,687,686 -10.77
Cumulative Basis 13,105,199 28,654,972 - 14,687,686 -10.77

Operating Income

Specified Half 1,983,451 907,796 118.49 1,172,598 69.15
Cumulative Basis 1,983,451 2,080,394 - 1,172,598 69.15

Income before Income Tax Expense

Specified Half 2,017,357 967,402 108.53 1,033,849 95.13
Cumulative Basis 2,017,357 2,001,251 - 1,033,849 95.13

Net Income

Specified Half 1,536,903 741,216 107.35 774,033 98.56
Cumulative Basis 1,536,903 1,515,249 - 774,033 98.56

Profit to the Equity Holders of the Parent Entity

Specified Half 1,419,747 646,702 119.54 660,564 114.93
Cumulative Basis 1,419,747 1,307,266 - 660,564 114.93

The above figures are prepared in accordance with Korean International Financial Reporting Standards. The figures above are subject to adjustment as they are preliminary and have not been reviewed by our independent auditors.

*

Represents the sum of interest income, fee and commission income, dividend income, gain on financial assets and other operating income (excluding non-operating income).

Woori Bank's Preliminary Financial Performance Figures

for the First Half of 2021

The preliminary financial performance figures for Woori Bank, a wholly-owned subsidiary of Woori Financial Group, for the six-month period ended on June 30, 2021, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

Item

1H 2021

2H 2020

% Change
Increase
(Decrease)

1H 2020

% Change
Increase
(Decrease)

Revenue*

Specified Half 11,759,497 13,002,729 -9.56 13,836,037 -15.01
Cumulative Basis 11,759,497 26,838,766 - 13,836,037 -15.01

Operating Income

Specified Half 1,654,986 888,062 86.36 1,037,630 59.50
Cumulative Basis 1,654,986 1,925,692 - 1,037,630 59.50

Income before Income Tax Expense

Specified Half 1,687,059 884,074 90.83 903,916 86.64
Cumulative Basis 1,687,059 1,787,990 - 903,916 86.64

Net Income

Specified Half 1,283,430 688,232 86.48 682,073 88.17
Cumulative Basis 1,283,430 1,370,305 - 682,073 88.17

Profit to the Equity Holders of the Parent Entity

Specified Half 1,279,342 685,287 86.69 677,937 88.71
Cumulative Basis 1,279,342 1,363,224 - 677,937 88.71

The above figures are prepared in accordance with Korean International Financial Reporting Standards. The figures above are subject to adjustment as they are preliminary and have not been reviewed by our independent auditors.

*

Represents the sum of interest income, fee and commission income, dividend income, gain on financial assets and other operating income (excluding non-operating income).

Disclaimer

Woori Financial Group Inc. published this content on 21 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 July 2021 11:28:07 UTC.


© Publicnow 2021
All news about WOORI FINANCIAL GROUP INC.
11/22Eugene Private Equity agreed to acquire 4% stake in Woori Financial Group Inc. for appr..
CI
10/26Woori Financial Group's Net Attributable Income Surges 62% in September Quarter
MT
10/25WOORI FINANCIAL : Preliminary Financial Performance Figures for the Third Quarter of 2021 ..
PU
10/19WOORI FINANCIAL : Third Quarter Earnings Release Conference - Form 6-K
PU
10/08Hoban Construction Industry Co., Ltd. submitted a letter of intent to acquire a 10% sta..
CI
09/17Woori Financial Group Inc. Announces Resignation of Dennis Chan as Outside Director
CI
08/31Woori Financial Group Inc. Announces Resignation of Zhiping Tian as Director
CI
08/17WOORI FINANCIAL : CONSOLIDATED INTERIM FINANCIAL STATEMENTS AS OF AND FOR THE THREE-MONTH ..
PU
08/17Woori Financial Group Inc. Announces Unaudited Consolidated Earnings Results for the Se..
CI
07/30WOORI FINANCIAL : Amendment to Current Report by Foreign Issuer (SEC Filing - 6-K/A)
PU
More news
Financials
Sales 2021 8 230 B 6,97 B 6,97 B
Net income 2021 2 493 B 2,11 B 2,11 B
Net Debt 2021 - - -
P/E ratio 2021 3,80x
Yield 2021 6,79%
Capitalization 9 356 B 7 921 M 7 924 M
Capi. / Sales 2021 1,14x
Capi. / Sales 2022 1,07x
Nbr of Employees 117
Free-Float 70,6%
Chart WOORI FINANCIAL GROUP INC.
Duration : Period :
Woori Financial Group Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends WOORI FINANCIAL GROUP INC.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 19
Last Close Price 12 850,00 KRW
Average target price 15 931,23 KRW
Spread / Average Target 24,0%
EPS Revisions
Managers and Directors
Tae-Seung Son Chairman, President & Chief Executive Officer
Kyu-Mok Hwang Managing Director & Head-Compliance Support
Sung-Tae Ro Independent Director
Sang-Yong Park Independent Director
Chan-Hyoung Chung Independent Director
Sector and Competitors